Which Side Hustle Is the Best Fit for You? Technology growth has its positives and negatives — one of those positives is the added opportunity in the side hustle. Never before has there been so many options to make extra money that is readily accessible to anyone with a smartphone. However, not all side hustles are created equal. Knowing which side hustle works best for you is all about knowing what each one requires. Renting a room as an Airbnb host, giving people rides, selling items on the side, selling your crafts, and selling a service are all options in the side hustle world — and all you need to get started is a smart phone.
Hosting an Airbnb (or HomeAway, or FlipKey) means that you post your space on their app, meet their requirements for hosting, set up your dates for guests, and allow travelers to stay at your home for a price. This doesn’t have to mean you have an entire extra home that you can rent out or even an entire extra room. Some Airbnb’s offer something as simple as a pull-out couch or even an RV. This is a great way to utilize your extra space for your side hustle and make a little money off of guests utilizing your home.
However, this option isn’t for everyone. Inviting strangers into your home isn’t everyone’s cup of tea. And, honestly, not everyone staying with you will be amazing guests. You’ll also need to check with your rental agreement if you rent to see if your landlord prohibits subletting. Otherwise, for certain people, home sharing is a great side hustle opportunity.
Apps like Lyft and Uber have made it easier than ever to be a rideshare driver. Each app requires that their drivers meet certain criteria that would make them safe drivers for their customers, but otherwise driving is relatively easy. You turn the app on or off to signify you’re ready to accept riders or to be done for the day. This side hustle opportunity allows you to turn the vehicle you already have into a tool to make more money. Both Lyft and Uber have become startup unicorns, meaning that they are less than 10 years old and are valued at over $1 billion — which is rare. This extremely successful business has helped thousands of people make extra money by working as drivers on the side or as their main source of income.
Similar to Airbnb home hosting services, there are downsides that make this side hustle not for everyone. You’ll undoubtedly encounter riders who are a pain. Your car may get dirty; you’ll have to be comfortable relying on your phone for a bulk part of your job; and your car will experience more wear and tear than it would otherwise. However, for some, being a rideshare driver is the perfect side hustle experience for them. The hours are flexible, there’s always new people to talk to, and you’re basically your own boss.
There are a ton of different apps created to sell your things. Apps like Craigslist, eBay, Letgo, and the Facebook Marketplace are all places to sell your unused belongings for money as your own side hustle. You can even use some of these apps to sell back your expensive college textbooks. In 2015, 7 in 10 seniors who graduated from public and nonprofit colleges had student loan debt, making debt repayment extremely important. With side sales apps, they can sell things like their college textbooks to help with the financial difficulties of being a newly graduated student.
Of course, books aren’t the only things that can be sold, and students aren’t the only demographic that can gain a side hustle with the opportunity these apps create. Not only that, but many cities have created safe drop-off locations to help those selling and buying on these apps feel safer.
This side hustle definitely isn’t for everyone. However, it’s a great way for the artsiest of people to make some extra money with their craft. Etsy is a great platform that some artists use to help make their art a full-time job. The thing about Etsy is that it does require a lot of time. As a seller you’ll need to create your own selling page, create your orders, prep, communicate, package, and ship the item. Not only that, but having a knowledge about how to reach your buyers, knowing how to take good photos, and keeping up with orders are all important aspects in successful Etsy selling. Once you’ve discovered how to do it successfully, Etsy is an amazing tool for artists everywhere.
Becoming a service seller is all about selling the things you can do. Dog walking, house sitting, paper editing, delivery, yard work, and babysitting are all a few examples of services you can sell on apps like Rover, Fiverr, and TaskRabbit. This type of side hustle can work for a variety of different skills and interests. This type of side hustle is great for a variety of different people with a variety of different skills. Chances are, if you do something, there’s someone that needs it done — these apps help those people connect.
It’s not easy to perfect the art of the side hustle, but these side hustle options and the apps paired to them make it a lot easier. Honestly, it’s not something that works for everyone. Having strangers get in your car or stay at your home is not something everyone wants to do. Spending your time selling used items, making art, and raking leaves on the side is not something everyone has the time or energy to do. However, for the side hustlers of the world, these apps have created a plethora of possibilities.
Guest Post by Chelsy Ranard
Follow her on Twitter: @Chelsy5